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Showing 601 - 610 of 2059 results for "BID"

Will Janus Henderson and Invesco merge?

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... level of debt used to fund the acquisition will be key to funding higher rates of accretion for IVZ and therefore a higher bid premium for JHG shareholders. Unlike, the recent Legg Mason deal which was fully cash funded and utilised excess cash on Franklin ...

NAB recruits 500 in hiring spree

ALLY SELBY  |  TUESDAY, 6 OCT 2020
National Australia Bank has hired 500 new employees to its private and business banking division, in a bid to get the "engine room of the economy firing again". It comes following the recruitment of 52 people to support NAB's private bank and 400 recruits ...

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... implementing the company's strategy and delivering for shareholders," TGG said. The board has already taken a range of actions in a bid to create value for shareholders, as announced in its annual report. These include a reduction in the company's management ...

Multi-strategy fund launches

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... S&P500. It has a minimum investment of US$100,000 and offers daily liquidity without any lock-ins, redemption penalties or bid-offer spread. Management and performance fees are 1.5% and 20% respectively. Ferguson Hyams Investment Management (FHIM) is ...

Waislitz pokes holes in OneVue bid

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
... Waislitz is running a fine-toothed comb over the independent valuation OneVue board cited in endorsing Iress's 43 cents per share bid to acquire the company. His Thorney companies have 18.35% interest in OVH, have already voted against accepting the ...

AMP flags redundancies

KARREN VERGARA  |  THURSDAY, 1 OCT 2020
... transformational changes to its business and culture. The firm is currently undertaking changes to its global workforce in a bid to centralise some business services. "Our focus is on continuing to reshape the organisation to drive efficiency and support ...

Court blocks bid to freeze Phil Kingston's assets

KANIKA SOOD  |  WEDNESDAY, 30 SEP 2020
A court has blocked an attempt by Sargon's Chinese lender to freeze the assets of Phil Kingston, as the latter heads towards public questioning next month. China Insurance Finance Group Ltd commenced court proceedings on August 24, seeking repayment ...

Alex Waislitz urges OVH shareholders to vote no

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
The billionaire investor is set to ask OneVue shareholders to bid against Iress's revised offer for 43 cents per share, ahead of a shareholder vote on October 9. Iress yesterday upped it June 1 offer of 40 cents to acquire OneVue to 43 cents. But the ...

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
Nearly four months after IRESS bid to acquire OneVue for 40 cents a share, it has finally upped the price to 43 cents in a final offer. The new 43 cents per share is a 7.5% increase from IRESS's June 1 offer and comes ahead of OVH shareholders' ...

BlackRock clamps down on work romances

KARREN VERGARA  |  FRIDAY, 25 SEP 2020
... in office romances, as well as intimate relationships with anyone associated with the US$7.4 trillion asset manager, in a bid to crack down on conflicts of interest. BlackRock staff members were recently told to tell their superiors about romantic relationships ...